DETROIT, June 29, 2009 (GLOBE NEWSWIRE) -- Compuware Corporation (Nasdaq:CPWR) today announced that its Covisint subsidiary was named a hosted IAM market share leader by independent analyst firm, Forrester Research, Inc. The designation was articulated in the April 17, 2009, report titled: "Hosted Identity Is Real -- Are You Ready For It?"
Covisint was one of only two companies listed in the Tier 1 category, which represented companies with more than $10 million in hosted identity revenues for 2008. The report also noted that "with the current economic downturn, many organizations are looking for ways to reduce the costs of their security operations and are looking at outsourcing to achieve this objective."
According to the 15-page report, "Identity and access management (IAM) projects have long been plagued with their long implementation times, high services-to-licence ratios, integration challenges, labor-intensive build-out and operations and long wait times to produce compliance and end user benefits. The recent emergence of the hosted IAM market alleviates these concerns by offering managed services that deliver clear benefits of 'instant' compliance, reduced IAM operational and staffing costs, and pay-as-you-go, operational expense pricing models."
"Covisint -- a cloud pioneer and hosted market leader -- enables companies to thrive and focus on their core competencies by alleviating the hard technical, security and regulatory challenges they face daily," said David McGuffie, Covisint President. "Forrester Research is an independent and well-respected research firm, and we believe this report is yet another concrete acknowledgement that companies can benefit from Covisint's hosted identity and cloud computing model, which has delivered proven business success for more than a decade."
Covisint's industry collaboration platform also was recently called a cloud computing pioneer by Forrester Research. The October 29, 2008, Forrester report conferring that designation was titled: "Talking to Your CFO About Cloud Computing."
Covisint's on-demand collaboration platform and cloud computing approach helps virtual communities securely access, use and share time sensitive information. Covisint solves business problems by streamlining and automating processes globally -- connecting state and nationally based communities, organizations and systems in the healthcare, automotive and financial services industries, as well as the public sector. Learn more about Covisint at www.covisint.com.
Compuware Corporation
Founded in 1973, Compuware provides software, experts and best practices to ensure applications work well and deliver business value. Our unique approach, Business Service Delivery, helps CIOs optimize end-to-end application performance for leading businesses around the world, including 46 of the top 50 Fortune 500 companies. Learn more at www.compuware.com.
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